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Mrs. Phalla Ken Village Bank Group
In this Group: Phalla, Morn, Samuth, Siv, Sang, Phally, Chhim, Sarann, Chroeb, Sivorn, Seng, Oeurn, Rann, Sovann, Nhor, Sdoeung, Srey Mom, Vanny, Hann, Thou, Nouch, Savet*, Saream, Srey Neang
* not pictured
Twenty-four people who live in Pou village in the Takeo province have formed a village bank loan and they will use the loan for different purposes. Mrs. Phalla K. is the village bank president. She owns a small grocery store in the local village. Aside from this, she is a farmer who owns a 2-hectare field to cultivate rice.

Since her rice farm is far from an irrigation system, she needs to use a pump machine to water her crop. Unfortunately, she does not have enough money to buy fuel to support her pump, so she decided to ask for a loan to buy it for the aforementioned purpose. Her husband, Mr. Yon Yen, helps her with both businesses. Mrs. Phalla K. has three children, two of whom are employed in different positions while the other is attending the local school.

This is a village bank loan consisting of mainly end-of-term (EoT) loans. Fourteen members have end-of-term loans and the rest have monthly payment loans. Group members with EoT loans are not required to pay any principal on the loan until the very end of the loan term. End-of-term loans are AMK’s main product because they are the most beneficial to Cambodia’s poor. It allows them to repay portions of the principal whenever they are financially able to. Most clients start to make payments many months before the end of the loan term. Almost all of AMK’s clients make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 53
    View loans »
    Cambodia Loans Fundraising
  • $41,847,450
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Phalla Ken Village Bank Group's $3,275 loan helped a member to ask for a loan to buy fuel to support her pump in order to water her field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 10, 2009
Jul 22, 2009
Currency Exchange Loss:
Aug 15, 2010